News
The latest news, updates and analysis on the the UK retail industry. Covering every segment of the market, Retail Sector’s business journalists keep you in the picture.
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Aug- 2022 -2 August
Greggs names new chair as revenues rise
Greggs has announced the appointment of Matthew Davies as an independent non-executive director and chair designate. Davies joins the board…
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2 August
JD Sports names Régis Schultz as new CEO
JD Sports Fashion Plc has appointed Régis Schultz as the company’s new CEO, effective September 2022 when interim CEO Kath…
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2 August
Travis Perkins reports ‘good’ H1 performance
Travis Perkins has revealed an adjusted operating profit of £163m for the six month ended 30 June, down just 0.6%…
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1 August
Seraphine profits fall below expectations despite revenue growth
Maternity brand Seraphine has revealed its adjusted EBITDA has come in below previously guided expectations despite posting a 33% increase…
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1 August
Sunak pledges to slash empty high street shops by 2025
Rishi Sunak has pledged to slash the number of boarded up high street shops by 2025 if he wins his…
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1 August
Shop vacancies fall for third quarter in a row
In the second quarter of 2022, the overall GB vacancy rate decreased to 14.0%, which was 0.1 percentage points better…
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1 August
JD Sports sells Footasylum to German investor for £37.5m
JD Sports has revealed it has agreed to sell Footasylum Limited to German investment firm Aurelius Group in a £37.5m…
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1 August
Waitrose removes ‘best before’ dates on 500 products to cut food waste
Waitrose has announced it will remove the ‘best before’ dates on nearly 500 fresh products to reduce the volume of…
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1 August
Iceland boss calls for next PM to rethink business rates
Iceland has joined in the call for Tory leadership candidates to rethink “outdated” business rates as the company’s managing director,…
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Jul- 2022 -29 July
Ted Baker’s non-executive director steps down
Ted Baker has announced the departure of Andrew Jennings as director of the company. Jennings didn’t seek re-election to the…
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